The Baldwin Insurance Group (BWIN) Expected to Announce Earnings on Tuesday

The Baldwin Insurance Group (NASDAQ:BWIN) is expected to post its quarterly earnings results after the market closes on Tuesday, February 25th. Analysts expect The Baldwin Insurance Group to post earnings of $0.27 per share and revenue of $327.42 million for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

The Baldwin Insurance Group Trading Down 2.7 %

NASDAQ:BWIN opened at $39.18 on Friday. The Baldwin Insurance Group has a twelve month low of $26.08 and a twelve month high of $55.82. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.35. The business has a 50 day moving average price of $39.87 and a two-hundred day moving average price of $44.63. The company has a market cap of $4.61 billion, a P/E ratio of -61.22, a price-to-earnings-growth ratio of 1.17 and a beta of 1.63.

Insider Buying and Selling at The Baldwin Insurance Group

In other The Baldwin Insurance Group news, major shareholder Elizabeth Krystyn sold 88,306 shares of the firm’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $43.05, for a total transaction of $3,801,573.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 20.14% of the company’s stock.

Analyst Ratings Changes

BWIN has been the subject of several recent analyst reports. Keefe, Bruyette & Woods cut their price objective on The Baldwin Insurance Group from $50.00 to $49.00 and set an “outperform” rating for the company in a report on Friday, January 10th. Wells Fargo & Company cut their price objective on The Baldwin Insurance Group from $41.00 to $38.00 and set an “underweight” rating for the company in a report on Tuesday, January 14th. Finally, JPMorgan Chase & Co. cut their price objective on The Baldwin Insurance Group from $47.00 to $46.00 and set an “overweight” rating for the company in a report on Friday, January 3rd. One analyst has rated the stock with a sell rating, one has issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $45.50.

About The Baldwin Insurance Group

The Baldwin Insurance Group, Inc operates as an independent insurance distribution firm that delivers insurance and risk management solutions in the United States. It operates through three segments: Insurance Advisory Solutions; Underwriting, Capacity & Technology Solutions; and Mainstreet Insurance Solutions.